Champaign, IL — income, home value, property tax, and sales tax.
Households in ZIP code 61862 report a median income of $114,250, a figure that stands well above the $37,233 per-capita average and points to a mix of larger or multi-earner homes alongside smaller ones. Near Champaign, that earnings level pairs with a median home value of $121,600, and the county's 2.06% effective property tax rate works out to a comparatively contained annual bill on a house at that price. A 7.50% combined sales tax applies to purchases, so everyday spending carries a slightly higher cost than in some neighboring areas.
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